Public Companies. JJOYAL INSURANCE COMPANY. Heart Offices : NORTH JOHN STREET, LIVERPOOL. The Directors have now the pleasure of submitting the following statement, showing tlic financial position of the Company : The capital available for the purpose ot meeting any unusual calamity to the assured is Two Millions sterling, amount actually paid up is L2BB 49a. this, with the accumulated funds in hand at this date exceeds LI,890,0(10. Eor the satisfaction of the public the whole of the securities belonging to the Company are annually submitted to the careful sc utiny of two independent auditors, and the following is an extract from their report to the last annual meeting : “The whole of your books have been audited ; every document, every account, every voucher, your bank-book, and every security —all have been most carefully kept, ami there is not one doubtful security in the whole. 1 ’ A detailed list of the investments of the Company, as already published, may be obtained on application. INDEPENDENT VALUATION OF LIFE LIABILITIES. In continuation of tbe Quinquennial Investigation to the end of 1864, which resulted in a laix,e division of Profits among the Policyholders, the Directors have just obtained an Independent Repot from Mr Samuel Brown, President of the Institute of Actuaries, on the results of the Lfe business for thc_ four years ending 31st December, 1868, asfollows:— LIFE LIABILITIES AND ASSETS on 31st December, 1868. a> o .2 3 "A ‘3^ c 3 * <1 The results show a surplus in the Life branch available for the next Division of Profirs in 1870, amounting to L 198,450. The valuation of the Life Policies has been made at 3 per cent, interest, and m-t premiums only have been taken, so that the loadings for future profits and expenses are entirely held in reserve, and not brought into the valuation. SPECIAL ADVANTAGES granted by the ROYAL INSURANCE COMPANY. FIRE. Moderate Premiums. Prompt and Liberal settlement of Losses. Loss and Damage by explosion of Gas made good. LIFE. Unquestionable Security. Large participation in Profits. Exemption of Assured from liability of partnership. No Charge for Policy Stamps, and no Entrance Money. Fees to Medical Referees paid by the Company. Forfeiture of Policy cannot take place from Unintentional Mis statement. License for Voyage to and from Europe granted free of charge. LIFE BONUSES Hitherto among the Largest ever declared by any Office. Resolution of Directors, 1867, To increase further the Proportion of Profits to Assured. Profits Divided every Five Years, To Policies then in existence Two entire Years. Agents at Dunedin : HENDERSON, LAW, & CO, Tenders. TENDERS are invited, and will be received up to Monday, April 16, 1870, for the Stock and Book-debts in the Estate of Messrs G. and P. Todd, Tiniaru. The same can be viewed daily, from 9 a.m, till 5 p.m., on the premises. The highest or any tender not necessarily accepted. Tenders to be addressed to the trustees, Dunedin. JOHN ROSS 1 Trustees in the estate HENRY TEWSLEY \ of G. &P. Todd. Hairdressers. Appointment to H.R.H. the Duke of Edinburgh, and His Excellency the Governor and Volunteers. 1 B E I S S E L , , Ladies’ and Gentlemen’s HAIRDRESSER AND PERFUMER, Rattray street, Dunedin, atm, Cold, and Shower Baths (reduced to One Shilling) always ready. .flies’ Hair Dressed any Style or Fashion A Private Room for Ladies, HEAP PRINTING. Printing of every description executed with neatness and despatch at the EVENING STAR OF Fl€ F,
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https://paperspast.natlib.govt.nz/newspapers/ESD18700407.2.18.2
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Evening Star, Volume VIII, Issue 2159, 7 April 1870, Page 4
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568Page 4 Advertisements Column 2 Evening Star, Volume VIII, Issue 2159, 7 April 1870, Page 4
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